WHITE PLAINS — A mixed-use development between Westchester and Franklin avenues will receive a $3.4 million tax break from the Westchester County Industrial Development Agency.

"The Collection," to be constructed on a 3.1-acre site across Westchester Avenue from The Westchester mall, will include 276 rental apartments, 24,526-square-feet of ground floor retail space and 716 parking spaces.

White Plains Mayor Tom Roach said earlier this year that the project would help connect apartment buildings on Franklin to Westchester Avenue shopping.

“This is what adds value to homes in a downtown now, people want to walk to things,” Roach said. “I always thought it was an irony that in this neighborhood, which is in the middle of everything, it wasn’t as easy as it should be.”

The $136 million project was approved by the city in April.

The development is expected to create 250 construction jobs and 91 permanent jobs. It's being built by Armonk-based Saber Chauncey WP, LLC.

The IDA is providing sales and mortgage tax exemptions totaling $3.348,609. The tax incentive was approved on June 28.